GQG Partners offloads nearly 1% JSW Energy stake for Rs 677 crore

• GQG Partners Emerging Markets Equity Fund sold 0.87% stake in JSW Energy for Rs 676.7 crore at Rs 444 per share.
• JSW Energy shares declined 2.33% to Rs 451.2 following the transaction.
• SBI Mutual Fund acquired 0.7% stake in Anand Rathi Wealth for Rs 168.8 crore, while Amit Rathi sold 2.4% for Rs 560 crore.
• The Golden Bird Investment Trust - I acquired 5.12 lakh shares in Coastal Corporation for Rs 2.12 crore, as Green Portfolio sold 3.41 lakh shares.

Why It Matters: Significant investor stake changes impact market sentiment and stock prices.